I-MAB-SPONSORED ADR (IMAB) Stock Technical Analysis
USA - NASDAQ:IMAB - US44975P1030 - ADR
4.22 USD
-0.17 (-3.87%)
4.44 USD
+0.22 (+5.21%)
Taking everything into account, IMAB scores 9 out of 10 in our technical rating. In the last year, IMAB was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IMAB has a been trading in the 3.40 - 6.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that IMAB is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, IMAB also shows a nice and consistent pattern of rising prices.
IMAB is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 534 stocks in the same industry.
IMAB has an average volume of 1896090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IMAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMAB is lagging the market.
Although IMAB has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.54
4.26
4 important support areas can be observed.
- A support zone ranging from 4.18 to 4.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.03 to 4.07. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @3.53 from a trend line in the weekly time frame.
- Support @2.57 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IMAB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMAB is neutral. |
| ChartMill Relative Strength | 98.25 | POSITIVE | IMAB has a high relative strength, it outperformed 98.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.43 | NEUTRAL | The RSI value for IMAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests IMAB has a negative trend. |
| Stochastics (14,3) | 15.96 | OVERSOLD | The low Stochastics value suggests IMAB may be oversold. |
| Average True Range in percent/ATR (20) | 14.99 | HIGH VOLATILITY | The high ATR as a percentage value for IMAB suggests high volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for IMAB suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.22
-0.17 (-3.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.87%
1 Week-26.86%
2 Weeks-11.53%
1 Month21.26%
3 Month100%
6 Month402.74%
12 Month257.63%
2 Year195.11%
3 Year13.75%
5 Year-89.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%14.99%
ATR Inc-42.78%
Range Today0.36
ADR(20)0.61
ADR(20)%14.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.25
3 months CRS97.87
6 months CRS99.1
Mansfield9.67
10 Day High6.79
10 Day Low4.13
20 Day High6.79
20 Day Low3.4
52 Week High6.79
52 Week Low0.6
CS1 End4.21
CR1 StartN/A
Volume & EV
DER(3)-6.37%
DER(5)-6.41%
Volume1.36M
Volume Incr-35.65%
Vol(5)1.32M
Vol(50)1.90M
I-MAB-SPONSORED ADR / IMAB FAQ
What is the technical rating for IMAB stock?
ChartMill assigns a technical rating of 9 / 10 to IMAB.
Can you provide the trend direction for I-MAB-SPONSORED ADR?
The current trend direction for I-MAB-SPONSORED ADR (IMAB) is Bullish.
Can you provide the RSI signal for I-MAB-SPONSORED ADR?
I-MAB-SPONSORED ADR (IMAB) has an RSI value of 43.4286. This indicates that the stock is currently neutral.
What is the MACD signal for I-MAB-SPONSORED ADR (IMAB) stock?
The MACD indicator for I-MAB-SPONSORED ADR (IMAB) has a value of -0.14012, indicating a bearish trend.
What is the short term momentum for I-MAB-SPONSORED ADR (IMAB) stock?
The short term momentum for I-MAB-SPONSORED ADR (IMAB) is neutral.